Political economy, public policy, and economic commentary by Matt Darling
Matt Darling: Private sector added 825,000 jobs in last 19 months
Matt Darling said the private sector has added 825,000 jobs over the past 19 months, disputing a claim that the figure was one million. He added that this total is less than half of the number ...
Median household net worth rises to $215.9k, Matt Darling notes
Matt Darling reports that the new Survey of Consumer Finance reveals the median U.S. household net worth has increased to $215,900, marking a 2 percent rise since 2022. He also highlights that ...
Matt Darling: Polling shows opportunities to engage blue collar workers on UI finance
Matt Darling highlights that most people are not familiar with UI finance, citing preliminary polling results. He suggests there are potential opportunities to engage blue collar workers by ...
GDP also represents total income, Matt Darling notes
Matt Darling highlights that gross domestic product (GDP) should not be viewed solely as a measure of production. Darling points out that GDP is equally a measure of total income within an ...
Matt Darling: U.S. unemployment insurance reform needed to encourage hiring risks
Matt Darling points out that the current financing structure of the U.S. unemployment insurance system makes companies liable for the unemployment benefits of workers they hire and quickly ...
Alpha equals r times beta explains capital income, Matt Darling notes
Matt Darling comments on economic theory, highlighting that the "fundamental law of capitalism" is represented by the formula "alpha equals r times beta," where the share of capital income equals ...
Matt Darling: U.K. furlough approach contrasts with U.S. unemployment insurance response
Matt Darling draws a comparison between the U.K. and U.S. policy approaches to Covid-related economic challenges. He argues that the U.K.'s use of a furlough scheme contrasts with the U.S. ...
Internet bubble supports claims of high valuations, Matt Darling notes
Matt Darling highlights that the existence of the internet bubble supports Paul Krugman's perspective. He notes that those who believed internet stocks were overvalued were ultimately ...
Matt Darling: BLS payroll data revisions often misunderstood, household survey remains stable
Matt Darling highlights common misunderstandings regarding how Bureau of Labor Statistics (BLS) payroll data is revised. He explains that while payroll data can undergo revisions, the jobs ...
